Kenya’s annual inflation rate rose to 6.8% in September 2026 from 6.6% in August, remaining within the Central Bank of Kenya’s (CBK) target range of 2.5% to 7.5%, according to the Kenya National Bureau of Statistics (KNBS). The increase means consumer prices were 6.8% higher in September 2026 than in the same month last year. According to KNBS, the main contributors to annual inflation were food and non-alcoholic beverages, transport, and housing, water, electricity, gas and other fuels. Core inflation, which reflects underlying price pressures, increased from 3.4% in August to 4.0% in September, while non-core inflation declined from 14.7%…
Author: NBM CORRESPONDENT
Kenya Pipeline Company (KPC) Plc grew its net profit by 13 per cent to Sh11.58 billion in the financial year ended June 2026, up from Sh10.24 billion the year before, according to results released on October 14. The improvement was driven by higher revenue, more efficient operations and stronger cash generation. Following the results, the board has proposed a first and final dividend of Sh0.32 per share, representing a total payout of Sh5.9 billion, for shareholders following the company’s listing on the Nairobi Securities Exchange (NSE) earlier this year. Investors on the register at the close of business on November…
Porsche is doubling down on exclusivity to generate more value, with plans to cut model variants, expand into higher-margin segments and increase revenue from highly customised cars. “Our ultimate goal is to further strengthen our unique sports car brand — across all model lines and with new, highly desirable models in particularly high-margin segments,” said Michael Leiters, chairman of the executive board of Porsche. He made the remarks when the German sports carmaker revealed its new “Sportwagenschmiede ’35″strategy at a Capital Markets Day on Wednesday. It aims to lower Porsche’s break-even point to fewer than 200,000 vehicles while continuing to…
The Kenya Revenue Authority (KRA) has seized about 46 tonnes of suspected smuggled sugar in an operation targeting illicit trade along the Kenya-Uganda border. KRA’s North Rift Region Investigation and Enforcement Team intercepted two lorries carrying 920 bags of sugar, each weighing 50kg, in Lodwar, Turkana County, at about 2am on October 8, 2026. The consignment has an estimated tax implication of Sh9.73 million, which could have been lost had the goods entered the market without payment of the applicable taxes. Preliminary investigations indicate that the sugar originated from Moroto, Uganda, and entered Kenya through Nadapal without payment of the…
President William Ruto has called for increased domestic food production to reduce Kenya’s reliance on imports, identifying edible oils, fats, wheat and rice as major contributors to the country’s food import bill. Speaking on Thursday, October 8, during the Agriculture and Food Systems Transformation Summit at Jamhuri Park ASK Showgrounds in Nairobi, the President said Kenya needed to produce more of the commodities it currently imports in large quantities. He described the high cost of food as a national concern, noting that Kenyans continued to spend more than half of their income on food. “We need to produce more of…
Kenya’s preparedness to contain Ebola is facing renewed scrutiny after the country confirmed its first imported case of Bundibugyo virus disease, with the patient dying in Nairobi days after arriving from the Democratic Republic of Congo (DRC). Health Cabinet Secretary Aden Duale announced on Tuesday that a Kenyan citizen who had been living in the DRC for seven years had tested positive for Bundibugyo virus disease. The patient fell ill about a month before travelling and had received treatment at several health facilities in the DRC. He travelled by road from the DRC to Kampala, Uganda, before boarding Jambojet flight…
Until recently, anthropology wasn’t something that the general population knew much about. It’s only really in the last few years that it has become quite well-known and popular, and people have gone to study it in some numbers at universities. I’ve been an anthropologist for some 40 or 50 years, and what I tell my students is that anthropology is the study of the other. It’s a study of other civilizations, other communities and other societies, based on comparisons. It’s comparative and holistic — you study everything about the place you’re interested in, not just the economy or the political…
The FIA African Rally Championship, Africa’s equivalent of the AFCON in football, is heading for a dramatic Kenyan showdown, with the title fight set to reach its climax in Tanzania. Kenyans Karan Patel and Aakif Virani will go head-to-head for the ultimate continental crown at the Serengeti Rally of Tanzania, set for October 2-4, 2026 in Morogoro, in what promises to be a nail-biting season finale. Karan, the two-time African Champion, is on the cusp of history. The KCB Racing driver comes into the final round with a comfortable cushion — he only needs a finish in Morogoro to seal…
The Kenya National Highways Authority (KeNHA) has given occupants of roadside structures until October 29, 2026, to remove their goods and vacate the road reserves to pave the way for service road improvements, bus bays and drainage rehabilitation along four major roads. In a notice issued on Tuesday, September 29, 2026, by KeNHA Director General Luka Kimeli, traders were given 30 days to vacate the road reserves. “KeNHA hereby notifies all illegal roadside occupants, including traders and unauthorized structures, along the listed roads to remove their structures and vacate the road reserves,” the notice states. The directive will affect roadside…
Veronica Duder’s 1930 Essex Super Six emerged the winner at Ngong Racecourse as the 2026 Africa Concours d’Elegance crowned its overall champions. Veronica tied for first with Mike Duder’s 1930 Ford Tudor, both scoring 278 points, but the former claimed the overall top position by virtue of being older marque of the two on the log book. The matching 1930 American classics dominated the judging for underside, finish and originality. Kevit Desai’s 1968 Jaguar 420 was third on 270, followed by Umang Patel’s elegant 1966 Mercedes Benz 230 SL on 267 and Baldev Chager’s 1986 Nissan Silvia 200SX on 265…
